RCW 41.45.110
Pension funding council—Audits required—Select committee on pension policy.
The pension funding council shall solicit and administer a biennial actuarial audit of the preliminary and final actuarial valuations used for employer and member rate-setting purposes. This audit will be conducted concurrent with the actuarial valuation performed by the state actuary. At least once in each six-year period, the pension funding council shall solicit and administer an actuarial audit of the results of the experience study required in RCW 41.45.090. Upon receipt of the results of the preliminary actuarial audits required by this section, and at least thirty days prior to adopting contribution rates, the pension funding council shall submit the results to the select committee on pension policy.
[ 2007 c 280 § 6; 2003 c 295 § 10; 1998 c 283 § 3.]
Structure Revised Code of Washington
Title 41 - Public Employment, Civil Service, and Pensions
Chapter 41.45 - Actuarial Funding of State Retirement Systems.
41.45.061 - Required contribution rates for plan 2 members.
41.45.062 - Annual contribution rate increases—Employer, state, and plan 2 members.
41.45.0631 - Washington state patrol retirement system—Contribution rates—Allocation of costs.
41.45.070 - Supplemental rate.
41.45.080 - Additional contributions may be required.
41.45.090 - Collection of actuarial data.
41.45.100 - Pension funding council—Created.
41.45.110 - Pension funding council—Audits required—Select committee on pension policy.
41.45.120 - Pension funding work group.
41.45.150 - Unfunded liabilities—Employer contribution rates.
41.45.155 - Certain plans 2 and 3 normal costs—Minimum basic employer contribution rates.
41.45.158 - Certain plans 2 and 3 normal costs—Minimum member contribution rates.
41.45.200 - Contribution rates for certain justices and judges—Public employees' retirement system.
41.45.203 - Contribution rates for certain justices and judges—Teachers' retirement system.